The American Medical Association, in its "National Health Insurer Report Card," gave insurers less-than-stellar marks this week. The report, begun in 2008, rated the nation's eight largest health insurers in how they handle claims, and concluded that, if all problems were resolved, the system would save $15.5 billion annually in administrative costs.
Currently, the health care system spends as much as $210 billion annually on claims processing, according to the report issued at the AMA's annual meeting. Doctors have long complained about excessive paperwork required to satisfy insurance companies.
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